littlevillage wrote: »
Aryzta up 5% today to €22.30 looks like yesterday was indeed the bottom (for now at least)”
"Wind is Ireland's oil" - An Taoiseach, 25/05/2022
unkel wrote: »
Bought some at €12.80 this morning. I've told people not to buy this for years, but surely at this price nothing can go wrong? :pac:
s3ndnudes wrote: »
Anyone think now is a good entry point? I am tempted to buy with a good Price to Sales Ratio of 0.67- research from zack's investment shows on average that stocks with a Price to sales ratio of 1 tend to greatly outperform the market- but i'd imagine that ratio only holds through if sales don't keep falling, which they have been somewhat in Aryzta.
I'm tempted to buy now as I bought Greencore and Playtech after profit warnings and sold recently for a pretty good return and even a dividend from Playtech. One major thing that is putting me off is that unlike Greencore and Playtech where I love there products, I don't really like Aryzta's products in Ireland anyway. Cuisine de France and Otis Spunkmeyer as sold in Irish convenience stores seem to be always the stuff left behind! For the price they sell them for i'd rather get something more "fresh"- the bakery sections in Aldi and Lidl seem to me to be better quality or else one further step-up and go for some other independent bakery. Correct me if i'm wrong, maybe the Aldi and Lidl fresh bakeries are actually bakes from frozen Aryzta products!
Decision: possibly open a small position on it next week with medium term holding planned.
michael garde wrote: »
I have 500 aryzta shares from the old iaws days,like many others i should have sold them a long time ago.
Based on todays agm, am i obliged to buy the new shares at 2.00 swiss francs each,assuming i had to buy the 10 new shares for 1 old share this would cost me 10,000 swiss/fr,can i buy a smaller amount of new shares.
How would it affect me if i did not buy any of the new shares